Close

Not sure what to search for?

We provide you an overview of the most searched keywords and visited pages

Atlas Copco Issues Yankee Bond

April 8, 1998

Stockholm April 8, 1998---Atlas Copco AB has issued a USD 375 million Yankee bond (rule 144a). The bond loan has a 10-year maturity and a coupon of 6.50 %.

The purpose of the issue is to repay short-term debt and thereby extend the average maturity of the Group’s interest-bearing debt. 
Standard & Poor’s and Moody’s have assigned "A" respective "A3" credit ratings to the issue. The lead manager of the issue was Merrill Lynch & Co. 
Citicorp Securities, Inc. and Deutsche Morgan Grenfell acted as co-managers. For further information:  Hans Ola Meyer, Senior Vice President & Group Treasurer, tel. +46 8 743 82 92